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Two-thirds of the impaired companies came from either the Poe Financial Group or the Vesta Group. "Going into the 2004-2005 hurricane season, these groups were too vulnerable because of rapid growth a

WASHINGTON--Sen. Trent Lott, R-Miss., who has leveled his legislative guns at the insurance industry, is deciding whether to roll out the legal artillery for a courtroom battle with State Farm Insuranc

A proposed State Farm class-action settlement for Mississippi homeowners with Hurricane Katrina claims was rejected by a federal judge yesterday who said the cases involved were too different to be lu

The National Association of Insurance Commissioners' proposals to create a new database of insurance industry market conduct information have raised confidentiality concerns from industry representati

In a review of the results of 16 companies, Benfield said most companies recouped their hurricane losses from 2005 and reported group net income of $11.6 billion in 2006 compared with a loss of $2.1 b

Other topics to be discussed will include correlations of evolving hurricane activity and the impact on the insurance industry, alternative risk finance vehicles for the insurance industry, a variety

"This action reflects the board's confidence in the strength of Chubb's financial condition as well as our commitment to manage our capital efficiently," said John D. Finnegan, Chubb chairman, preside

Excluding catastrophe losses, the homeowners' line has a risk level comparable to the commercial auto line. Liability lines including medical malpractice also have significantly above-average volatili